Antioquia Gold Inc. (TSX.V-AGD, OTCQX-AGDXF) is a mineral exploration company focused on precious metals and other mineral opportunities in Colombia. Antioquia Gold Inc. has a quality advanced stage flagship property (Cisneros Property) that is rapidly moving towards production. Cisneros has a high grade deposit, with low cost capital expenditures for development and favourable metallurgy.
Antioquia Gold Inc. has been active in Colombia since 2007 and holds a land package of more than 40,000 hectares.
The Antioquia Gold Inc. flagship property, Cisneros, and additional six strategic properties are located along the prolific Cauca Porphyry Belt near Medellin, Colombia. Antioquia Gold Inc.'s strategic partner, Desafio Minero S.A.C., the exploration arm of Consorcio Minero Horizonte S.A.C., is Peru's second largest underground gold producer.
The founding group of Antioquia Gold Inc. has a proven track record, Colombian experience and a strong technical team behind them.
On August 13, 2010, Antioquia Gold Inc. entered into a strategic alliance agreement with Desafio Minero S.A.C., Peru's second largest underground producer.
Antioquia Gold Inc. has received gross proceeds of CAD$10.2 million from Desafio Minero S.AC., in exchange for 31.6 million AGD shares.